305 Emmet Street , Ypsilanti, MI 48197
Est. $1,937/mo with current taxes · · See the breakdown
About this home
Move right into this charming 1920s urban oasis! Meticulously maintained and boasting a brand-new roof, this historic gem perfectly blends classic character with modern peace of mind. Inside, you will immediately notice the original hardwood floors and unique architectural details that make this house feel like home. The spacious kitchen offers abundant cabinet and counter space, along with a large eat-in dining area. Just off the kitchen, step out into a fantastic three-season room (not included in the official square footage) complete with its own private hot tub! Outside, the privacy-fenced backyard provides a quiet sanctuary with plenty of room for gardening, pets, and entertaining guests. Bonus income potential: The basement was previously a separate unit and still features a full kitchen and bathroom. It is the perfect setup for a guest suite, an in-law apartment, or a future rental unit. Located in the heart of Ypsilanti, just steps from Depot Town, Downtown, and EMU!
Monthly payment
The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then.The uncapped tax line is this home's bill after it uncaps: half the price times 63.29 mills, the 2025 homestead rate here. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.
The facts
| Price | $224,900 |
| Beds | 3 |
| Baths | 2 full |
| Square feet | 1,654 |
| Type | Single family residence |
| Subdivision | — |
| County | Washtenaw |
| MLS # | 81026053605 |
| Listed | 2026-10-08 |
| Days on market | 0 |
| Year built | 1925 |
| Possession | At closing |
| Basement | Bath stubbed, Daylight, Finished, Full, Partially finished |
| Heating | Forced air, Natural gas |
| Water / Sewer | City water & sewer |
| Parcel number | 111140413014 |
| Listing office | Real Estate One Inc |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $54,755 | about $112,450 |
| Yearly property tax | $4,378 | about $7,118 |
Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $2,740 a year more than this seller pays. The assessor's state equalized value (SEV) is $87,100. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Ypsilanti's 2025 homestead rate of 63.29 mills and assumes you claim the homestead exemption. See Ypsilanti's full tax breakdown or run the uncapping calculator.
Location
IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Greater Metropolitan Association of REALTORS, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-04T01:25+00:00; refreshed at least twice daily.